Mexico Intrathecal Pumps Market Size & Outlook, 2022-2030
Mexico intrathecal pumps market, 2017-2030 (US$M)
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Mexico intrathecal pumps market highlights
- The Mexico intrathecal pumps market generated a revenue of USD 5.0 million in 2022 and is expected to reach USD 7.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, morphine was the largest revenue generating type in 2022.
- Other Type is the most lucrative type segment registering the fastest growth during the forecast period.
Intrathecal pumps market data book summary
| Market revenue in 2022 | USD 5.0 million |
| Market revenue in 2030 | USD 7.9 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Morphine |
| Fastest growing segment | Other Type |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baclofen, Bupivacaine, Clonidine, Morphine, Ziconotide, Other Type |
| Key market players worldwide | Medtronic PLC, Smiths Group PLC, Teleflex Inc, Johnson & Johnson, Medallion Therapeutics, Tricumed Medical Technology, Arrow International Inc, Flowonix |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global intrathecal pumps market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil intrathecal pumps market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 5.3 million by 2030.
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Intrathecal Pumps Market Scope
Intrathecal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico intrathecal pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intrathecal pumps market will help companies and investors design strategic landscapes.
Morphine was the largest segment with a revenue share of 32% in 2022. Horizon Databook has segmented the Mexico intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide, other type covering the revenue growth of each sub-segment from 2017 to 2030.
Mexico has the fastest-growing medical devices manufacturing industry. According to the Mexican Association of Innovative Industries of Medical Devices, Mexico is the eighth leading supplier of medical devices globally.
The Mexican government is a member of the WHO. The organizations are at the forefront in spreading cancer awareness and prevention. Cancer is the third leading cause of death in Mexico, followed by cardiovascular disease and diabetes.
Also, in 2019, INCan and the Rodolfo Padilla Foundation supported a Mexican city—León, Guanajuato, in joining the City Cancer Challenge (C/Can and creating National Plan for Cancer Control). The country has made remarkable progress in improving cancer care through public–private partnerships, with the Regional High Specialty Hospital of El Bajío offering financing mechanism for cancer patients.
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Our clientele includes a mix of intrathecal pumps market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into Mexico intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico intrathecal pumps market size, by type, 2017-2030 (US$M)
Mexico Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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